Question: Develop an inventory control system for an Clothing Store: Provide analysis of EOQ recommendation to management to determine ordering of inventory. Provide analysis of ROP

Develop an inventory control system for an Clothing Store:

  1. Provide analysis of EOQ recommendation to management to determine ordering of inventory.
  2. Provide analysis of ROP recommendation to management to determine when to order additional inventory.
  3. Provide analysis and recommendation to management about how to handle inventory problems that allow non-instantaneous receipts.
  4. Provide analysis and recommendation to management about how to handle inventory problems that allow quantity discounts.
  5. Provide analysis and recommendation to management about how to understand the use of safety stock.

Recommendation to management about discussing just-in-time inventory concepts to reduce inventory levels and costs.

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